Bloom Learning Community

Analysis

Bloom Learning Community is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bloom Learning Community reported income of $96k and spending of $93k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $96k (+155%), an average of +155% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloom Learning Community sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Parent Booster USA Inc ($96k), Vandegrift High School Theatre Boosters ($96k) and PTA North Carolina Congress ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. At year end it held assets of $42k against liabilities of $23k, net assets of $19k.